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01 October 2020, 09:00

Belarus reduces oil export duties

MINSK, 1 October (BelTA) – On 1 October 2020 Belarus reduced customs duties on oil and petroleum products, which are exported outside the customs territory of the Eurasian Economic Union (EAEU). The decision was formalized by the Council of Ministers' Resolution No.567 of 30 September 2020, BelTA has learned.

The export duty on crude oil is now $45.4 per tonne, down from $47.5.

The export duty on straight-run gasoline went down from $26.1 to $24.9 per tonne. The export duty on commercial gasoline, light and middle distillates made up $13.6 down from $14.2 per tonne. The same rate is applied to diesel fuel, benzene, toluene, xylene, lubricants, and other oils.

The export duties on crude oil and some categories of derivative oil products were previously revised on 1 September. Then, they were revised upwards.

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